crocodile wrote on Apr 27
th, 2015 at 1:21pm:
ImSpartacus2 wrote on Apr 27
th, 2015 at 9:02am:
crocodile wrote on Apr 26
th, 2015 at 5:54pm:
John Smith wrote on Apr 26
th, 2015 at 2:31pm:
Swagman wrote on Apr 26
th, 2015 at 11:52am:
rhino wrote on Apr 26
th, 2015 at 11:35am:
crocodile wrote on Apr 25
th, 2015 at 2:20pm:
rhino wrote on Apr 25
th, 2015 at 1:15pm:
Swagman wrote on Apr 25
th, 2015 at 12:56pm:
Productivity is declining.
Wrong. productivity is increasing and has done enormously since the 1980s. Don't think so. You've been reading fairy tales.
http://www.ampcapital.com/AMPCapitalGlobal/media/contents/Blog/olivers-insights/...In fact this is the primary reason for the shrinking pie. Productivity, especially capital productivity has been in serious decline for over fifteen years now with nary a word from our political geniuses. Multifactor has been in negative territory for seven long years now. Don't expect the share of the pie to grow any time soon.
Lol, your chart doesnt show productivity in decline. Idiot.
Go on?
What does it show then?
...and without pissing in his pocket, I might not agree totally with him all the tim but Croc is far from being an "idiot" and is one of this place's more 'balanced' and 'informative' posters. Particularly on the subject of 'productivity'.
it shows a decline in the rate of
growth of productivity ... productivity growing at 1% might be growing slower than the 3.5% it was growing at 10 yrs ago, but it is still growing. (I'm limiting my comment to labor productivity because the thread is about the share for 'WORKERS')
John, unfortunately you have fallen into the same trap as Bam. Labour productivity, despite it's name is not a measure of personal effort. It is the measure of production per man hour.
The main driver of this is the uptake of technology. It has little to do with personal effort.You can't simply ignore capital productivity since it relates to the cost of the provision of technology and fixed operating costs.
A link for the claim you make that I highlighted please.And in particular for the claim you made earlier that the growth in labour productivity is more to do with technology and "
little to do with personal effort".That's what I want a link to. And while you're at it why dont you tell us why you're first year economics lecturers are saying that all Australia's ills come back to productivity and lets deal with this tripe you keep repeating here like a trained parrot.
It was only a matter of time before the resident loudmouth chipped in. As usual, absolutely nothing to add to the discussion, just simply derision of other contributors who dare to point out the deficiencies in his utopian view of how the world is meant to work.
On top of that also has the gall to insist on finding for his lazy arsed self some basic literature that can be found in any decent macro-economics text book.
Any concept that poor old Sparty can't grasp apparently means too much listening to first year eco lecturers despite the fact that I'm 58 years old with the undergrad days well and truly long gone.
You are a prize tool. Do us all a favour, get stuffed and go buy yourself a textbook.
For all the good contributors to the forum you may find the introductory paper from Dr Kevin Stiroh from the Federal Reserve Bank at least edifying for a relatively short paper
http://app.ny.frb.org/research/epr/01v07n1/0103stir.pdf No, as usual, you're being evasive, which tends to be a very good sign that you just repeated something you were told by rote without bothering to do any independent research to test it for yourself (if you're not still a schoolboy you certainly are behaving like one). That article you gave a link to
does not say anything about studying what
actually happened in Australian workplaces since, say, 2000, to determine whether working people had
in fact put in more or less effort in the workplace, the extent of that extra effort (if any) and how that compared to increases in productivity due to technology. Now are you going to provide a link that verifies your claim or not. Now remember your words. You said that in Aust the growth in labour productivity is more to do with technology and "
little to do with personal effort". A link please to the empirical evidence that that is
in fact what occurred in Australia. Impressionable as you are, I'm surprised that even you would have missed that since 2000 (at least) the amount of time that Australian workers have spent in the workplace has increased phenomenally even though wages have declined in real terms and average Australian workers have been doing many more hours of unpaid work and that's not saying anything about the marked increase in stress at work due to employers pressuring workers for higher and higher targets at work.
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The Share Of The Pie For Workers Is Going Down (Read 5565 times)
